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Euronews

Eleonora Vasques

DARK SECRETS: Spain pitches eu850bn per year in common eu borrowing - The Real Truth

European Union Spain Carlos Cuerpo Brussels Euro Economy

The Spanish government has proposed a new EU common borrowing mechanism worth up to €850 billion per year, according to a document seen by Euronews.

The pitch will be presented on Thursday in Brussels by Spanish Economy Minister Carlos Cuerpo during a meeting of euro-area finance ministers.

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